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US Agriculture - New and Insights
Industry News Brief…
Friday, November 6, 2020
Source: Capital Press; November 5, 2020
The Washington Supreme Court ruled 5-4 today that farmworkers are entitled to overtime pay, eliminating a decades-old exemption for agriculture from the state's minimum wage law. Read More…
Source: AP News; November 5, 2020
The world likely can’t keep global warming to a relatively safe minimum unless we change how we grow, eat and throw away our food, but we don’t need to all go vegan, a new study says. Read More…
Source: The Wall Street Journal; November 3, 2020
The Trump administration is expected to pay farmers more than $37 billion this year, a historic sum largely intended to help those hit by trade wars and the coronavirus pandemic. Of the first nearly $5 billion paid out under a pandemic-relief program, just over 1% of recipients received at least one-quarter of the funds, or $1.2 billion, according to a Wall Street Journal analysis of federal data. Read More…
Source: Bloomberg; October 29, 2020
Cargill Inc., the world’s biggest agricultural commodities trader, plans to harness wind power by fixing massive wing sails to some of its cargo fleet to reduce fuel use and greenhouse gas emissions. Read More…
Source: The Wall Street Journal; November 3, 2020
Bayer, the inventor of aspirin, bet big on agriculture with its $63 billion acquisition of Monsanto in 2018. The move was supposed to help the German company tap into rising demand driven by rapid population growth. Instead, it exposed Bayer to open-ended legal liabilities and a market that has been severely disrupted by the coronavirus pandemic. Read More…
Source: Bloomberg; October 28, 2020
Iowa’s Kelly Garrett is the first one in five generations of toiling the family farm to cash in on what plants and soil do naturally -- trap carbon dioxide from the air. Read More…
Upcoming Webinar
Thursday, November 19, 2020; 3:00PM ET | 2:00PM CT | 1:00PM MT | 12:00 noon PT
NCREIF invites you to join Anatole Pevnev - US Agriculture and Bruce Sherrick - University of Illinois for the Third Quarter 2020 NCREIF Farmland Index Results Webinar. Anatole and Bruce will be joined by Steve Bruere from Peoples Company to discuss the transactional markets in addition to current conditions affecting the performance of regional row crop and permanent crop markets.
Anatole Pevnev
US Agriculture
Steve Bruere
Peoples Company
Bruce J. Sherrick
TIAA Center for Farmland Research
University of Illinois Champaign Urbana
Contact Information
12821 East New Market Street
Suite 300
Carmel, IN 46032-7258
Telephone: +1.317.678.0700
For more information contact:
Evan Newton
Director - Business Development